Global stock markets are volatile, repeatedly breaking record declines. But a small new British company nicknamed the "King of Short Selling in London" has turned the financial crisis into a business opportunity for them, making money almost every moment and continuing to "make a lot of money".

"I love crises!"

Simon, 45, is one of the main traders in Andy Smith's London finance group, and it took only one year to make a name for himself in the British stock dealer community as a skilled short-seller.

He had netted £25 million, or about $43 million, in less than an hour this month, and the stocks he had chosen were in a dive at the open, as he expected.

"I love this crisis because some people are stupid," he said with a laugh, "and I've always liked the fast-moving stock market because people who aren't smart make more mistakes and I can profit from them." ”

In the modern, simple and bright office hall, Simoncock reclined in the boss's chair, his feet resting on his desk, holding a coffee, a relaxed smile, and a slight smug brag with other colleagues.13 There are four computer screens displaying various stock market indices on his desk.

“FXXK！”

A bunch of raised middle fingers and disdainful complaints sounded, Simoncock was still very loud and boasting, not paying attention to the ridicule of his colleagues at all, anyway, when others were chattering in the future, he would be like them now, envious and jealous of the ridicule.

Of course, Simoncock knows very well that all the people present make money by selling short, and the secret to making a lot of money is to trust your own judgment.

Short selling refers to investors borrowing stocks from brokerage companies and other companies to sell them in the market, and then buying stocks from the market in the future to return them. If the price of the stock falls after the investor sells, the investor earns the difference.

This type of investment is not a small risk. If the "bet" stock does not fall but rises, investors will suffer losses.

Cork was clearly confident in his judgment. He continues to shamelessly share the secret of his success: "My theory is that out of 100 opponents, I am smarter than 99. The remaining one, I won't let him win easily. ”

"I'm quick and cautious," he continued to boast amid the crowd's complaints, "I'm not going to panic." ”

"I'm going to make a lot of money!"

"Shut up, you bastard-"

"Die!"

"Crackling—"

"Bastards, you're jealous!" Simoncock hurriedly put down his feet on the table, dodging the various objects flying at him, shouting with a wicked smile on his lips, he knew that he did disgust these guys, otherwise he would not have been attacked in the 'success time'.

"Smack!"

Chelsea Angels, the manager of the London branch, walked out of his office and looked at Simon, who was attacked by various flying objects, just smiled, then clapped his hands, raised his voice and said: "Okay, don't make trouble, get ready, it's time for video conference, the boss wants to listen to our battle report!"

Simoncock stood up from behind the computer screen, very gentlemanly pulled off the hem of his haute couture suit, stroked his big grease head, looked around proudly, and said to himself: "Bastards, after the meeting is over in a moment, I will continue to share my secret of success with you." ”

What caught my eye was that more than 30 middle fingers were raised high, and even Chelsea Angels shook his head helplessly and smiled, not knowing how long this so-called 'success time' plate could last, one more shameless than the other.

"Boss, according to the news, the UK Financial Supervisory Authority will recently announce that it will temporarily ban investors from shorting financial stocks, and the ban may involve the shares of about 30 listed companies... ”

In the conference room, the eyes of everyone in the London finance team focused on the screen wall behind the first position, and in the screen was Andy Smith, who had just ended the call with Oheib.

Andy didn't seem surprised by the news of Chelsea Ingres' report, as the bailout policy still failed to stop the stock market crash, and more and more accusations were made that short selling transactions were one of the reasons for the current financial market turmoil, and some regulators suspected that the plunge in the stock prices of Wall Street financial institutions was related to the illegal behavior of some short selling speculators.

And the force represented by Andy Smith, who is crazy about making money with big shorts, has become a lot of people hate and headaches, and more helpless speculators, they will not break the law, but they can hedge their targets with huge funds, even if they know the other party's means, but under this general trend, they can only watch them return with a full load of their bodies again and again, leaving a bloody and wailing scene.

The only thing they can do to deal with this kind of big short is to intervene administratively and directly prohibit shorting the most vulnerable financial stocks in the financial turmoil.

The British government's economic policy in the past 10 years has been a "crazy gamble", and the current British Prime Minister Gordon Brown's easing of low-interest credit during his tenure as Chancellor of the Exchequer is not one of the root causes of Britain's inability to withstand financial turmoil.

There will be massive unemployment and bankruptcies in the coming period, and we will make a lot of money by identifying these companies!"

For the decision of the big boss, everyone in the London branch naturally has no objections, which is also an inevitable choice.

"What's the situation with the Icelandic krona?"

"In the chaos, the Icelandic government has completely lost control of its currency exchange rate, and the global credit card companies are at a loss, with the international market trading rates ranging from 200 to 300 kroner per euro. In practice, the price is 225 kroner per euro, while the price of buying euros in the domestic market is about 1 euro to 150 kroner, and Iceland's domestic foreign exchange reserves are too small, only 2 billion euros.

The influx of international speculators has emptied their foreign exchange reserves, and at present, except for Denmark and Sweden, which have scraped together $2 billion to help alleviate the bankruptcy crisis of the Icelandic government, all countries have refused to help Iceland, and British Chancellor of the Exchequer Alistere has directly used his anti-terrorism authority to seize the assets of Icelandic banks in the United Kingdom, thus triggering a serious diplomatic conflict. ”

"Hehe, this is frightened by the experience of Argentina, the 'national lai', and it is also funny to say, Argentina has received 8 years of international neglect, and is now seeking to take off the hat of the 'lai', and now, Iceland, the richest country, may wear this hat, do you think, will the Russians take the 4 billion to Iceland?" Andy couldn't help but shake his head with some schadenfreude.

In 2001, Argentina was snubbed by the international community for eight years because it was unwilling to repay its debts, and Iceland certainly does not want to repeat the mistakes of Argentina – eight years of neglect is too long, especially when you are left with only fish to eat.

"There are too many nearby conditions for the Russians, and it is unlikely that Iceland will succeed in borrowing, and the EU will not agree, and the final shot may only be the International Monetary Fund, but this money must be in place in one step, otherwise, it will only become a refueling tactic, and it will soon be hollowed out by international speculators using foreign exchange rates."

The Icelandic stock market suffered a plunge after the opening on the 14th, falling by 77% at one point, the largest decline in single-day history, and the highest point of the Icelandic stock market in October last year was as high as 8571 points, according to this calculation, the Icelandic stock market has fallen by more than 90%, and won the global decline list with a decline of 92%.

Without the support of the real economy, Iceland is completely fictitious, and I am afraid that it can only go fishing as their prime minister said. ”

"Poof—"

"Haha... Andy couldn't hold back, he burst out laughing directly, and the uncomfortable people who were also holding back their laughter also began to laugh, because Iceland has a small number of people and rich natural resources, Prime Minister Halder saw the collapse of the banking system, the sharp depreciation of the krona and the soaring prices, and the consumption level of Icelandic residents was greatly reduced, so he had to stand up and suggest that the people fish on their own to save food expenses.

Andy also feels funny that the Icelandic stock market, regardless of the feelings of 1.3 billion Celestial Empire people, openly plummeted after the opening on the 14th, with a decline of 77%, exceeding the decline of Celestial Empire's A shares in the past year, and openly challenging the diving champion of Celestial Empire。。。。。。